Please beware of fraudulent / scam text messages, emails or phone calls regarding your debit card or bank account. Always call the bank at 815-264-3201 or our debit card provider Shazam at 866-508-2693 to confirm.
Effective June 2021
FACTS
What does Waterman Bank do with your personal information?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of information we collect and share depend on the product or service you have with us. This information can include:
When you are no longer our customer, we continue to share your information as described in this notice.
How?
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Waterman Bank chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
Does Waterman Bank Share?
Can you limit this sharing?
For our everyday business purposes –
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
Yes
No
For our marketing purposes –
to offer our products are services to you.
No
We don’t share
For joint marketing with other financial companies
No
We don’t share
For our affiliates’ everyday business purposes –
information about your transactions and experiences.
No
We don’t share
For our affiliates’ everyday business purposes –
information about your creditworthiness.
No
We don’t share
For non affiliates to market to you
No
We don’t share
Questions?
Call 815-264-3201
What We Do
How does Waterman Bank protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
We also maintain other physical, electronic and procedural safeguards to protect this information and we limit access to information to those employees for whom access is appropriate.
How does Waterman Bank collect my personal information?
We collect your personal information, for example, when you:
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and non-financial companies.
Non Affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market finacial products or services to you.
Other Important Information
For Illinois Customers. We will not share personal information with non affiliates either for them to market to you or for joint marketing – without your authorization.
Effective June 2021
© 2023 Waterman Bank. Routing Number: 071916482 | Privacy Policy | State of Illinois Community Reinvestment Notice